Credit veteran tackles opacity in peer-to-peer lending
PeerIQ CEO Ram Ahluwalia shines a light on the world of peer-to-peer securitisation
One of the cardinal rules of investing, as the mutual fund manager Peter Lynch famously put it, is to invest in what you know. It's an adage that investors in non-bank consumer loans would have done well to remember.
Lured by the promise of outsized yields, hedge funds and banks have been securitising consumer loans made by online platforms and holding on to the riskiest tranches themselves – with
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